Date: Friday April 3, 2009 12:34:01 pm
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http://www.mfrtech.com/articles/1977.html
Lexmark Plans to Sink $16 Million into Upgrading Kentucky Facility
April
, 2009 Office equipment manufacturer Lexmark plans to invest $16
million for new research and development equipment at its laboratory
here.The company says the updates will enable them to develop the next
generation of multi-function printers, all-in-one office equipment and
in-home photo processing, according to a filing with the
state.Kentucky’s Economic Development Finance Authority recently
approved a tax incentive package worth nearly $1 million toward the
project. That deal gets cut in half if the company doesn’t maintain
3,000 workers at the site come the end of this year.
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